Buying or selling a house is a significant financial decision that we need to make and for this we need to find the best Bendigo real estate agent that is well suited to meet our requirements. Unfortunately understanding the crux of this financial transaction is not every agent’s cup of tea. While every week there seems to be a new agent opening for business, finding a good agent who knows what he/she is doing has become a bit of a rarity. You need to find an agent that understands this and one that will provide you with commitment and energy to the profession standard and provide you the best in service and quality.
Selecting a Real Estate Agent
When selecting a real estate agent, you do not just flip through the yellow pages of the place and choose an estate agent. Best to ask friends, family, workmates etc if they can recommend a good agent . Importantly you need to clarify certain points to ensure that you are choosing the best in the field.
How does your real estate agent establish a listing price? The real estate agents inspect a property and provide an estimate or an appraisal of your home based on the sales of similar properties in the area along with the average prices of the house in the suburbs. This is known as CMA or Comparative Market Analysis. The better agents have extensive local knowledge that will ensure you that you get the best market estimation for your property and more importantly you obtain the highest selling price.
When selling your property, you need to ensure that you have a complete understanding of how your property is to be marketed. This includes the complete market strategy which can be a combination of print ads, website promotions, opens houses and other promotional tools. The better agents normally offer unique marketing programs that incluce web site listing, newspaper ads, editorials and more.
Other things to consider are the past experience of the real estate agents, consider the length of time that the agent is licensed and the number of clients he/she has assisted in buying and selling of properties. Ideally agents should be able to give references of their clients and whether they were able to satisfy their needs.